Long Term
Technical Analysis & Setup
Symbol: RIR (RIR Power Electronics Limited) — Daily Timeframe (NSE)
Current Price: ₹191.95 (Trading right around the entry level)
Market Structure: Following a healthy consolidation base above the ₹154 low, the stock printed a sharp bullish momentum bar, cleanly breaching the prior swing peak.
Key Technical Levels
Entry Level: ~₹192.00 (Breakout confirmation zone)
Stop Loss (SL): Below ₹180.00 (Marked near the breakout structure / prior resistance level)
Immediate Resistance / Target 1: ₹203.83 (Recent high spike)
Upper Target: ₹300+ (Extension target marked on chart)
Trade Bias & Summary
The stock demonstrates strong expansion out of a consolidation pattern. As long as price holds above the ₹180 breakout level on daily closes, the technical structure favors a continuation move toward the upper target levels.
Disclaimer: This post is for educational and technical analysis purposes only and does not constitute financial or investment advice. Always manage your risk properly before taking trading positions.
Technical Analysis & Setup
Symbol: RIR (RIR Power Electronics Limited) — Daily Timeframe (NSE)
Current Price: ₹191.95 (Trading right around the entry level)
Market Structure: Following a healthy consolidation base above the ₹154 low, the stock printed a sharp bullish momentum bar, cleanly breaching the prior swing peak.
Key Technical Levels
Entry Level: ~₹192.00 (Breakout confirmation zone)
Stop Loss (SL): Below ₹180.00 (Marked near the breakout structure / prior resistance level)
Immediate Resistance / Target 1: ₹203.83 (Recent high spike)
Upper Target: ₹300+ (Extension target marked on chart)
Trade Bias & Summary
The stock demonstrates strong expansion out of a consolidation pattern. As long as price holds above the ₹180 breakout level on daily closes, the technical structure favors a continuation move toward the upper target levels.
Disclaimer: This post is for educational and technical analysis purposes only and does not constitute financial or investment advice. Always manage your risk properly before taking trading positions.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.